North Korea ripe for investment? Yes, but not so fast

US Secretary of State Mike Pompeo said that American private-sector money could be used to help with North Korean power grid and agricultural projects as incentives for denuclearisation. PHOTO: AFP
New: Gift this subscriber-only story to your friends and family

WASHINGTON - United States Secretary of State Mike Pompeo has hinted at incentives the US may offer North Korea in exchange for denuclearisation.

American private-sector money can help grow its power grid and support its under-performing agricultural sector, he has said.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.